In the Context of Maslow's Need Hierarchy, the Need Found

question 39

Multiple Choice

In the context of Maslow's need hierarchy, the need found at the bottom of the pyramid is the ________ need.

• A) social
• B) physiological
• C) psychological
• D) safety
• E) self-actualization

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Definitions:

Contribution Margin Ratio

A financial metric expressing the percentage of each sales dollar remaining after variable costs are subtracted.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent, salaries, and insurance.

Unit Contribution Margin

The difference between the selling price of a unit and its variable costs, indicating how much each unit contributes to covering fixed costs and generating profit.

Sales Volume

The total number of units sold within a specific period, often used as an indicator of business performance.